Notice of Appointment of Receivers and Managers
Pursuant to Section 8 (1) (b) of the Receiverships Act 1993
We, Grant Robert Graham and Brendon James Gibson, hereby give notice that on the 14th day of September 2005 at 11.00 a.m., we were appointed joint and several receivers and managers of the assets and undertakings of Franchise Operations Limited pursuant to a general security agreement dated the 1st day of May 2003.
We note the receivership does not affect the ongoing operations of Stirling Sports.
Short Description of Property Charged Under the General Security Agreement: All assets and undertakings of the company.
The Office of the Receivers and Managers is at: Ferrier Hodgson & Co, Level Sixteen, Tower Centre, 45 Queen Street, Auckland.
G. R. GRAHAM and B. J. GIBSON, Joint Receivers and Managers.
Inquiries to: Matthew Jones.
Note: If any creditor claims a security interest over any assets of the above-named company, please provide details to the receivers and managers forthwith.